Airbus cautious on 2021 after cementing cash flow turnaround
Airbus SE generated 4.9 billion euros ($5.9 billion) in cash during the fourth quarter, while issuing cautious guidance on the pace of its recovery from…
China decoupling would cost US billions, Chamber says
American companies would lose hundreds of billions of dollars if they slashed investment in China or the nations increased tariffs, the U.S. Chamber of Commerce…
Profit-hit oil shippers face another challenge: costly fuel
Marine fuel prices in Asia continue to climb amid tightening supplies and a robust rebound in oil, adding to the strain on crude shippers grappling…
Port of LA will divert cargo ships to battle import congestion
The Port of Los Angeles plans to divert cargo ships to other destinations because of pandemic-fueled congestion, according to the port’s executive director.
Boeing warns pilots in wake of deadly Indonesian 737 crash
Boeing Co. has issued a safety bulletin reminding pilots of the steps required to ensure they maintain control of their aircraft in the wake of…
Gasoline prices are starting to soar as cold blast supply chains
Hiccups in the U.S. fuel-supply system are driving up gasoline prices as refineries in the nation’s oil-processing hub attempt to climb out of a disastrous…
Brexit negotiator Frost joins Johnson’s team with EU focus
Prime Minister Boris Johnson appointed former Brexit negotiator David Frost to his cabinet, putting him in charge of relations with the European Union and maximizing…
Port of Oakland video signals change in Port’s future
Port of Oakland says its business model is changing with the commitment by CMA CGM, a world leader in shipping and logistics, to launch a…
Cargolux confirmed as a leader in GDP
Cargolux Airlines has successfully passed its GDP (Good Distribution Practice) surveillance audit. The certification attests that the company’s quality management system fulfils the latest requirements…
CMA CGM PCS (Port Congestion Surcharge) in Mombasa, Kenya
As port congestion in Mombasa, Kenya is further increasing, CMA CGM announced the following Port Congestion Surcharge effective February 22nd, 2021, loading date (Subject to…
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